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Stock down today???
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<blockquote data-quote="tieguy" data-source="post: 74085" data-attributes="member: 1912"><p>Oil continues to be the biggest factor. i believe the supply has been holding up ok though I have not seen an inventory report in a couple of weeks. However i think the cold weather moving into the east has caused the price of oil to jump in anticipation of tightening supply which has in turn hammered transportation stocks. </p><p> </p><p>Hope fdx reports what i think they will report. A significant slowing of their growth on dec 21st. At that point it will be interesting to see if the market things its an indication of a slowing market or UPS putting the squeeze on fdx.</p></blockquote><p></p>
[QUOTE="tieguy, post: 74085, member: 1912"] Oil continues to be the biggest factor. i believe the supply has been holding up ok though I have not seen an inventory report in a couple of weeks. However i think the cold weather moving into the east has caused the price of oil to jump in anticipation of tightening supply which has in turn hammered transportation stocks. Hope fdx reports what i think they will report. A significant slowing of their growth on dec 21st. At that point it will be interesting to see if the market things its an indication of a slowing market or UPS putting the squeeze on fdx. [/QUOTE]
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